(Calculating IRR, payback, and a missing cash flow) The Merriweather Printing Company is trying to decide on the merits of constructing a new publishing facility. The project is expected to provide a series of positive cash flows for each of the next four years. The estimated cash flows associated with this project are as follows: Year Project Cash Flow 0 1 2 ? $810,000 360,000 3 4 310,000 460,000 (Click on the icon in order to copy its contents into a spreadsheet.) If you know that the project has a regular payback of 2.9 years, what is the project's IRR? The IRR of the project is %. (Round to two decimal places.)